The structure is shifting bearish, with lower highs and lower lows forming a prolonged ABC correction. The price has now moved back below the monthly pivot point. Previously, it managed to reclaim this level and show some growth, but at the moment the picture is as follows:
The price may face resistance from the monthly pivot point when attempting to break higher, leading to a move toward the support zone and S3 at 0.19.
If the price manages to consolidate above the monthly pivot point, we could see continued growth with a target of updating the high at 0.255.
The price may face resistance from the monthly pivot point when attempting to break higher, leading to a move toward the support zone and S3 at 0.19.
If the price manages to consolidate above the monthly pivot point, we could see continued growth with a target of updating the high at 0.255.
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✅My Telegram
t.me/trading_mura
t.me/trading_mura
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。